Ep. 676: Markets and Profit with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
Lumpy Returns: The Reality of Market Behavior
The world doesn't work that way. It's either Bernie made off or long term capital management, if you happen to be JP Morgan with your servers closer to the exchange than other people. Even if that game exists at a rigged level and it does, does that stop markets from trending? No. The fact that JP Morgan or Goldman Sachs or whatnot are pulling off some arbitrage at the speed of light has not stopped long term trends. But even if they don't, again, when where have the trend stopped?
Play episode from 13:53
Transcript
